Trading Technologies International (TT) has announced its plan to acquire post-trade solutions provider ATEO SAS. The acquisition is expected to close on February 29 and will enable TT to expand into clearing and other middle-office technologies and services. The two companies have been working together as partners since 2022 to provide a fully integrated post-trade allocation service. With the new acquisition, TT will be able to offer ATEO’s middle-office solutions to its clients, including global order management system TEO Derivatives, trade matching and clearing solution LISA Clearing Engine, and clearing application programming interfaces (APIs) UGO. TT CEO Keith Todd expressed excitement about the acquisition, stating that ATEO’s technology and established relationships will help TT grow its market share in the middle-office clearing solutions sector. ATEO will operate as a global managed service hosted in TT’s data centers, providing easy access to the TT platform and range of services for its clients.